Rep. Tom Brewer

Maddy summaryThis bill appropriates specific funds to the Nebraska Department of Revenue to support the implementation of Legislative Bill 34, which was passed in a special legislative session earlier in 2024. The legislation allocates $156,000 from the General Fund for the 2024-25 fiscal year and $750 million from the School District Property Tax Relief Credit Fund for the same year, with similar amounts designated for the 2025-26 fiscal year. These funds are restricted to program expenses and cannot be used to pay salaries or per diems for state employees. The bill also declares an emergency to ensure the appropriations take effect immediately upon approval.

Maddy summaryThis bill establishes the Property Tax Growth Limitation Act to cap how much property taxes local governments like counties, cities, and villages can raise starting in fiscal year 2025. The law calculates a baseline tax limit based on previous year's taxes, adjusted for new construction, property value changes, and inflation, while allowing exceptions for approved bonds, declared emergencies, and specific public safety needs. Local governments can also exceed this limit if voters approve a tax increase through a special election or if they budget for certain services like public defenders. Additionally, the bill amends other state statutes related to revenue, taxation, and budgeting to align with these new property tax rules.

Maddy summaryThis bill adjusts the nameplate capacity tax for renewable energy generation facilities in Nebraska to account for inflation, directly affecting private owners of such facilities. It mandates that the tax rate, currently set at $3,518 per megawatt, be updated annually on January 1 based on the previous year's Consumer Price Index changes. The legislation also clarifies that the tax does not apply to government-owned facilities, cooperatives, or customer-generators, and ensures that tax revenues are sent to the county where the facility is located. Additionally, it establishes specific rules for calculating taxes based on the number of days a facility is operational and outlines penalties for late filings or non-payment.